Digital News Report – Although money has become tight in these uncertain economic times, banks are still making personal loans. These are loans that are unsecured and for a term longer than one month.

Citi Bank Personal Loans

Citi Financial offers loans from $300 to over $15,000 for unexpected expenses, a vacation and debt consolidation. Unlike payday loans, these loans require a credit check, but the interest rate is much lower.

Wells Fargo Personal Loans

Wells Fargo offers personal loans and personal lines of credit. Wells Fargo says applicants can get a little as $3,000 within hours, but they usually fund the next business day. They also brag about their easy application process.

Unlike credit cards, the terms on a Wells Fargo personal loan will not change. You get the money for a specific period of time at a specific rate and payment schedule.

Wells Fargo Personal Line of Credit

Unlike their personal loans, a Wells Fargo line of credit will be approved within one to two days. They are ideal for people with fluctuations in their income. You only borrow the money from the line of credit when you need it.

Chase and Bank of America

Both Chase and Bank of America provide personal loans for car purchases, school and business loans. They do no offer unsecured personal loans similar to Citi and Wells Fargo.